Investors are bombarded with commercials from discount brokers and robo-advisors.
As your wealth creating partner, we want to share some interesting statistics to support your efforts as an Advisor.
The Investment Funds Institute of Canada research shows:
- Investors with Advisors have on average 3.9 times1 more assets after 15 years than similar investors without advice.
- 88%2 of mutual fund investors agree they get better returns because of advice.
- Advisors serve as financial coaches, helping investors to develop disciplined savings habits and avoid common investor behavioural pitfalls.
Graph: Growth in Financial Assets Over Time of Households that Received Advice Compared to those that Did Not Receive Advice1
The information provided is for informational and educational purposes, and not intended to provide specific recommendations including, without limitation, investment, financial, legal, accounting or tax advice. Every effort has been made to ensure accuracy at the time of publication, however accuracy cannot be guaranteed. Advisors are welcome to share the information with their clients. Publication date: May 27, 2019.